Posted inEconomy
Cargo thieves are attacking the U.S. supply chain at alarming rates
America’s supply chain is under attack. From coast to coast, organized criminal groups are hitting…
Posted inEconomy
UnitedHealthcare sued by shareholders over reaction to CEO’s killing
A group of investors sued UnitedHealthcare Group on Wednesday, accusing the company of misleading them…
Posted inEconomy
Krispy Kreme stock plunges after doughnut chain pauses McDonald’s rollout, pulls outlook
Krispy Kreme stock plunged 24% on Thursday morning after the doughnut chain said it is “reassessing”…
Posted inEconomy
AMD CEO calls China a ‘large opportunity’ and warns against strict U.S. chip controls
Advanced Micro Devices CEO Lisa Su said China is a “large opportunity” market for the semiconductor and artificial intelligence industry…
Posted inEconomy
Judge allows lawsuit over Burger King’s Whopper ads to move forward
A federal judge ruled on Monday that a class action lawsuit alleging that Burger King…
Posted inEconomy
NBA star Russell Westbrook launches AI-enabled funeral planning startup
National Basketball Association superstar Russell Westbrook is taking a shot off the court at simplifying…
Posted inEconomy
Amazon’s Zoox robotaxi unit issues software recall after recent Las Vegas crash
Amazon’s Zoox issued a software recall for 270 of its robotaxis after a crash in…
Posted inEconomy
Skechers to be acquired by 3G Capital in take-private deal, shares soar 25%
Footwear giant Skechers has agreed to be acquired by private equity firm 3G Capital for $63 per…
Posted inEconomy
Rite Aid files for second bankruptcy in two years
U.S. pharmacy chain Rite Aid on Monday filed for bankruptcy protection for the second time…
Posted inEconomy
Temu halts shipping direct from China as de minimis tariff loophole is cut off
Chinese bargain retailer Temu changed its business model in the U.S. as the Trump administration’s new rules…